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Monetary Authority of Singapore introduces new guidance for remote customer onboarding

The Monetary Authority of Singapore (MAS) has issued new guidance to financial institutions (FIs) on the use of innovative technology solutions to facilitate safe, non-face-to-face customer on-boarding.

/identity

Arro Money partners Onfido for real-time KYC checks

Arro Money, a fast-growing provider of personal and business accounts, has partnered with the global identity verification provider, Onfido, to offer real-time ID verification and “Know Your Customer” (KYC) checks.

/identity

Identity fraud hits all-time high

The 2018 Identity Fraud Study released today by Javelin Strategy & Research, revealed that the number of identity fraud victims increased by eight percent (rising to 16.7 million U.S. consumers) in the last year, a record high since Javelin Strategy & Research began tracking identity fraud in 2003.

/identity

Canada to test biometrics and blockchain for international travellers

The Government of Canada will collaborate with the World Economic Forum and partners to test emerging digital technologies and their application to air travel.

/identity

Vocalink's Pay by Bank app integrates with ShieldPay

Vocalink, a Mastercard company, has announced a partnership with Shieldpay, to use Pay by Bank app, its market leading mobile payments services as a new deposit method available to Shieldpay customers.

/identity

Evernym and R3 pair Sovrin ID with Corda tech

Self-sovereign identity technology leader Evernym and enterprise software firm R3 concluded a study to determine the interoperability of R3’s Corda platform with Sovrin, the only distributed ledger purpose-built for self-sovereign identity.

/identity

Tieto establishes blockchain business solutions unit

To help its customers pursue the opportunities enabled by the emerging blockchain technology, Tieto has established a new Blockchain Solutions business unit.

/identity

ID4Africa signs up to Secure Identity Alliance

The Secure Identity Alliance, the global identity and secure eServices advisory body, today announces that ID4Africa, a multi-stakeholder movement that promotes the transparent and responsible adoption of digital identity in the service of development in Africa, has joined the Association as an Advisory Observer.

/identity

IDnow appoints Rupert Spiegelberg as CEO

IDnow, one of Europe’s fastest growing FinTech companies in the online identity verification (Know Your Customer) sector, appointed Rupert Spiegelberg as its new Chief Executive as it looks to accelerate its international expansion plans.

/identity

Visa rolls out ID Intelligence platform to display third party authentication tools

Visa (NYSE:V) today announced Visa ID Intelligence, a platform that allows issuers, acquirers and merchants to quickly adopt emerging authentication technologies and create more secure and convenient ways for consumers to shop, pay and bank on their connected devices.

/identity

Daon brings biometrics to Visa ID Intelligence scheme

Daon, an innovator of authentication and identity assurance solutions worldwide, announced today that it has been selected by Visa, the global payments technology company, to provide biometric services for the Visa ID Intelligence platform.

/identity

Mitek acquires Spanish ID verification outfit ICAR

MITK, www.miteksystems.com), a global leader in mobile capture and digital identity verification software solutions, today announced that it has acquired ICAR, a leading provider of consumer identity verification solutions in Spain and Latin America, for an aggregate purchase price of up to €12.75 million (~US$15.0 million) paid in a combination of cash and shares of Mitek common stock.

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